Legendary FBI Detective

Chapter 816 Michael Brey asks for help

 Three o'clock in the afternoon, New York, not far from Wall Street, in a coffee shop on the corner of a certain street.

 Deep in the store, Luo An and Michael Bray sat opposite each other, with no one else around them.

 “Those **** raised by cousins...”

Unlike Roan who was calm and took his cappuccino to taste it slowly, Michael Bray had a very ugly expression on his face. He cursed under his breath for a moment and asked:

“Luo An, you have expected this to happen, right?”

 Michael Bray believes in numbers. Many things in this world cannot be judged as correct or not, but numbers can. If the calculation result of numbers is right, it is right, if it is wrong, it is wrong, and if it is not, it is not possible.

 Michael Bray therefore calculated that federal housing prices will inevitably begin to decline in 2007 based on federal mortgage default rates, housing loan and other data.

In 2005, Michael Bray approached a Wall Street investment bank and creatively proposed the creation of CDS, a financial product based on legal gambling on federal housing prices.

In the next two years, Michael Brey has been ridiculed as a fool*, but he doesn't care, he knows that the final winner must be himself.

 It is now mid-February 2007. As he expected, the federal mortgage default rate is gradually rising at a speed visible to the naked eye, but the price of mortgage bonds has not declined.

 In other words, Michael Bray's judgment is correct, and federal house prices have not fallen.

There was no problem with the data, and the facts were in front of him. Michael Brey could not put aside the facts. He carefully analyzed this "free market" that did not develop according to normal logic, and finally came to the conclusion that he least wanted to see it. Conclusion reached:

The federal mortgage market is manipulated, housing prices are controlled, and various departments of the entire federal financial system are working together to defraud retail investors, and they are even defrauding each other.

 “This is Wall Street, Michael.”

Looking at the dark circles on Michael Bray’s face, Luo An smiled and said:

“The Federation is a capitalist country. Players have their own ways of playing, and the bankers naturally have their own routines.”

 “Mother-fu-ker! Sonof than eat!”

 Michael Bray understood the meaning of Luo An's words. He inserted his fingers into his hair and cursed in a low voice again with an angry face.

 After a long silence, Michael Bray slowly raised his head and said in a slightly hoarse voice:

 “Luo An, I need your help.”

"you say."

 “I need some funds.”

  The various names in CDS, a financial product, are very lofty and fancy, and many people feel that they cannot understand them at all.

But in fact, the financial product itself can be simply understood as two strangers betting on Lao Wang's car. A bets that the car will have an accident, and B bets that the car will not have an accident.

Among them, A, who bets that there will be a car accident, will give B a sum of money every month. If Lao Wang's car never gets into an accident, A will have to keep paying.

But as long as Lao Wang's car has an accident, B, who bets that there will be no accident, will have to pay A a large sum of money, and A wins the bet.

 Lao Wang’s car is the federal housing price, A is Michael Bray, and B is the investment banks.

 Michael Bray said that in his plan, federal house prices will fall by February 2007 at the latest, so he has only prepared so much monthly premiums to be paid to investment banks.

Now that federal housing prices have been as stable as a mountain, March is only half a month away. Next month’s premium still requires a large amount of funds, but Michael Bray can no longer afford it.

Facing Michael Bray, who had red eyes and a pleading look on his face, Luo An chuckled, showed a sunny smile, and said:

“We are friends, Michael, and friends should help each other, right?

 How much money are you short of? Tell me a number. "

Michael Bray's eyes lit up instantly, he clenched his fists hard, and almost jumped out of his chair in excitement.

 Michael Bray has normal sexual orientation and does not like men, but now he feels that Luo An is definitely the most handsome man he has ever seen!

 Especially the last sentence "say a number", Mother-fu-ker, Michael Bray finally understands what those women feel like.

Taking a few deep breaths and trying to suppress the excitement in his heart, Michael Bray said with a serious face:

"It needs about 23 million U.S. dollars."    Michael Bry has more than three billion U.S. dollars in his hands, but he has forcibly tied the money from investors. Those investors also don't understand and don't agree with Michael Bry's bearishness. Federal House Price Behavior.

 For two years, those people have been clamoring to divest from Michael Burry's company, putting Michael Burry under a lot of pressure.

Among the people Michael Bray knows, only Roan agrees with him, and he is also bearish on federal housing prices, which made Michael Bray once have the idea that he and Roan are the only smart people in the world.

  “$23 million…”

Roan frowned slightly when he heard this number. Michael Bray's heart skipped a beat when he saw this scene, and he quickly asked:

 “Is the number too big? Otherwise...”

 “No.”

Luo An shook his head and asked:

“This number you are talking about is the premium for one month in March?”

 Michael Bray was stunned for a moment, then nodded:

 “That’s right.”

Luo An shook his head slightly, picked up the coffee, took a sip, and said:

“This money is not enough, I can provide you with 80 million US dollars first, and I will contact you if you need it later.”

Hearing Luo An’s words, Michael Bree was filled with excitement, shocked and excited. Soon he also realized the problem in Luo An’s words, and asked in a low voice:

“Luo An, do you think those people will still control federal housing prices for a long time?”

"I am not sure."

Luo An put down the coffee cup, took a deep look at Michael Bray, and said softly:

“But I know one thing, the banker will not let himself lose.”

 Michael Bray understands numbers and data, Roan does not understand these, but he understands the rules of the game in the Federation.

 “This group of **** should be thrown into the cesspool…”

Understanding the meaning behind Luo An's words, Michael Bray cursed again with an ugly face. Luo An smiled and didn't care much. He found his mobile phone and called the bank, and transferred $80 million to Michael Bray. in the account provided.

After chatting for a while, Michael Bray checked out and left with an excited look on his face. Luo An was not in a hurry to leave, he still had to wait for someone here.

Time passed by, and more than half an hour later, a white man, also wearing a suit and with a tired face, opened the door and walked into the coffee shop.

When the visitor saw Luo An, he walked straight to the table where he was sitting, sat down on the chair, waved to the waiter and ordered three cups of coffee.

 “Good afternoon, sir.”

Roan looked at Trick Kennedy, who also had thick dark circles under his eyes like Michael Brey, and asked in surprise:

 “What’s wrong with you? Is the trial process church’s case so difficult to deal with?”

Trick Kennedy drank the coffee in one gulp, wiped his mouth and smiled bitterly:

“It’s not the judgment process church, it’s…”

 Halfway through speaking, Trick Kennedy suddenly stopped, waved his hand and changed the topic and asked:

“Luo An, why did you come to Wall Street?”

“I have some investments on Wall Street, so I will come here to take a look when I have time.”

Luo An replied casually:

“The U.S. dollar is depreciating faster and faster, and if you don’t invest, you will only lose more and more money.”

Trick-Kennedy nodded in agreement, chatted for a while, then brought the topic to the point, and said:

 “I come to you this time with two pieces of good news.”

 (End of this chapter)